Extra Space Storage Price Increases
Extra space is by far the price increase leader in the self storage industry.
Extra space storage price increases. Extra space storage is a scam. Along with self storage they can accommodate business storage needs and vehicle storage needs. Statistics about the self storage industry including annual revenue construction pricing occupancy and financial performance. Data includes graphs and illustrations.
Frequency amount and notifying tenants timing is critical to the success of a self storage rent increase especially in todays market. I have a large unit 10 x 20 i don t understand the rent increases every 6 months it s ridiculous when i first started renting it was at 230 now i m paying 298 for the same spot. Each storage facility is unique to its market offering a wide variety of storage spaces and types. Renters don t want to pay more managers don t want to deal with a slew of tenant complaints and owners don t want to lose customers who may already be on the fence.
Extra space storage operates self storage facilities across 38 states and puerto rico. U haul self storage and mini storage facilities are widely available in the united states and canada meaning we are just around the corner. If your self storage location increased your storage unit rent we can answer a few of your questions. Anonymous pissedconsumer944830 feb 12 2015 944830.
But consistent rental rate increases are a necessary part of a successful self storage business model. Features such as climate controlled storage heated storage and 24 hour access vary by facility but all storage. Choose u haul as your storage place. Now in new york city they charging 30 more that competition.
They offer various storage unit sizes as well as storage for small to large vehicles and boats. Public storage offers unit sizes ranging from 5 feet by 5 feet to 10 feet by 25 feet. Their facilities are very dirty and personel is very arrogant and vulgar. I ve been with public storage for almost 3 years now.
Guidelines for self storage rent increases. If your storage rent increased by a small amount in january it was likely an across the board rent increase dictated by someone at headquarters of the big publicly traded storage facility in order to improve their bottom line.